tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gateley Director Increases Stake with Share Purchase

Story Highlights
Gateley Director Increases Stake with Share Purchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Gateley (Holdings) ( (GB:GTLY) ) has shared an update.

Gateley (Holdings) Plc announced that its Non-Executive Director, Martin Pike, has purchased 40,000 ordinary shares of the company at an average price of 128.9 pence per share. This transaction increases Pike’s beneficial interest to 0.03% of the company’s issued share capital, indicating confidence in the company’s future prospects and potentially impacting investor sentiment positively.

The most recent analyst rating on (GB:GTLY) stock is a Hold with a £132.00 price target. To see the full list of analyst forecasts on Gateley (Holdings) stock, see the GB:GTLY Stock Forecast page.

Spark’s Take on GB:GTLY Stock

According to Spark, TipRanks’ AI Analyst, GB:GTLY is a Neutral.

Gateley (Holdings) scores moderately due to mixed financial performance and technical indicators. The high P/E ratio suggests overvaluation, but the attractive dividend yield provides some offset. The lack of earnings call data and corporate events limits further insights.

To see Spark’s full report on GB:GTLY stock, click here.

More about Gateley (Holdings)

Gateley (Holdings) Plc is a professional services group operating in the legal and consultancy sectors, providing a range of services to various industries. The company is listed on the AIM market of the London Stock Exchange, focusing on delivering comprehensive solutions to its clients.

Average Trading Volume: 134,767

Technical Sentiment Signal: Sell

Current Market Cap: £175.6M

See more data about GTLY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1